mikoaodu

GBPJPY LONG - PREVIOUS SWING LOW IS HOLDING

Long
FX:GBPJPY   Livre sterling / Yen japonais
GBJPY has been moving in a very slow uptrend and has now been trading in the same are for a few days now. Price however is struggling to break past the previous swing low on the H4 chart and is so far holding this as a support level. If this uptrend continues we could see a breakout to the upside as price goes to make a new swing high and test a daily key level at 142.000.

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